$6,709 Closing Credit*
$565,000
1,053 SqFt
2 Beds
•2 Full Baths
Patricia Curtis, Listing Office: Keller Williams Realty Central Coast
Is 93420, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 93420 was a Neutral Market.
Key Takeaway
93420 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93420, CA
How much do homes in 93420, CA cost?
Median Sold Price
$1,103,750
$543/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$128,750(+13.2%)
Key Takeaway
Homes in 93420 have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in 93420 was $1,103,750 in October 2024, up 13.2% from last year, and the median price per square foot was $543.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $555K | $384K | -30.8% |
| 2 Bedrooms | $600K | $590K | -1.7% |
| 3 Bedrooms | $917K | $1.0M | +11.8% |
| 4 Bedrooms | $1.2M | $1.3M | +11.4% |
| 5+ Bedrooms | $1.4M | $1.8M | +29.6% |
Summary: 93420 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.8%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 29.6%.
Housing Supply in 93420, CA
How many homes are available in 93420, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 88 | +1.1% |
Summary: The 93420 real estate market had 88 homes for sale in October 2024, a 1.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 45 | 43 | -4.4% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 93420 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 23 | +27.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93420, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 93420 in October 2024, up by 27.8% month-over-month. Of the 23 sold homes, 48% were sold under asking, 13% were sold at asking, and 39% were sold over asking.
Days on Market for 93420, CA
How long does it take to sell a home in 93420, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 53 Days | +77.1% |
Summary: Homes in 93420 had an average of 53 days on market in Oct 2024, up by 77.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93420 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in 93420; 65% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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